Getting Overtaken on R&D Incentives

By March 28, 2008Innovation, Taxation

Eighty-seven days have passed since the U.S. research and development tax credit expired, nearly an entire fiscal quarter.

And in the meantime, other countries are expanding their incentives for R&D. From Britain comes the news

The chancellor announced that large companies carrying out new technology R&D would receive higher tax incentives from HMRC. Tax credit enhancements rise to 175 percent for large companies from 150 percent, which means an organisation spending £100,000 on R&D will see a tax saving of £7,500.

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